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McKinsey Finds Three Blockchain Use Cases in Retail Banking
7.6.2019
While it’s understandable to be wary of new and untested territories, “there are a number of areas where [blockchain] could create value for retail banks,” according to major consulting firm McKinsey and Company.
In the June 2019 article they claim that while retail banks have been quick to adopt...
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
7.6.2019
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment
3 Top Executives Depart Online Lending Fintech Startup SoFi
6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services
BSC má za sebou úspěšný rok, její tržby vyrostly na 369 milionů korun
6.6.2019
BSC (Banking Software Company), společnost, která se již více než 25 let zabývá vývojem vlastních softwarových produktů pro bankovní sektor, má za sebou velmi úspěšný rok. Tržby společnosti napříč celou skupinou, jež svůj software prodává zákazníkům v Evropě, Asii i USA, během posledních tří...
India’s Central Bank Denies Knowledge of Bill to Ban Cryptocurrencies
6.6.2019
India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies. Surprisingly, the central bank claims that it does not have...
Ethereum Startups Team to Offer ‘Banking-Grade’ Wallet Security
6.6.2019
Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum
Crypto Exchange Bits Of Gold Wins Supreme Court Battle Over Bank Block
4.6.2019
Cryptocurrency exchange Bits of Gold has won a notable legal victory over an Israeli bank in its bid to keep access to banking services
Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account
3.6.2019
In February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. Also Read:...
Bundesbank Chief Warns on Risks of Central Bank Digital Currencies
3.6.2019
The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs
Morgan Stanley Predicts Recession Within a Year if Trade War Drags On
3.6.2019
The prolonged trade war between the United States and China has been one of the most damaging diplomatic and economic developments over the past few months. Despite the hope that the issue was going to be resolved, all talks broke down last month and soon enough, the problem escalated...
SBI Plans Launch of In-Store Payments With Ripple-Powered ‘Money Tap’ App
31.5.2019
SBI Ripple Asia is live testing in-store payments using its Ripple xCurrent-powered Money Tap app before a full launch "this year."
Ripple Unveils its XRP Based Mobile Banking Application
31.5.2019
Ripple is still gaining the attention of crypto lovers. The XRPL lab of Ripple has designed an app for the mobile user that can do more than just sending cryptocurrency from one wallet to another. The newly designed app of Ripple was unveiled at a community event, Bitrue in Amsterdam....
PR: Blucon Launches BCH Transportation Card
31.5.2019
Blucon is excited to announce the launch of their transportation card that supports BCH. The system will work by integrating the EXO-Platform, to allow the instant conversion of cryptocurrency into spendable cash. Blucon has leveraged on its existing business relationships between cryptocurrency...
A Crypto-Friendly Puerto Rico Bank Is Crowdfunding on Circle’s SeedInvest
31.5.2019
Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform
Three of The Biggest Banks In Ireland Using Blockchain Technology For Verifying Staff Credentials
30.5.2019
Ireland has been one of the leading European nations in terms of blockchain innovation. It is often touted as the blockchain capital of the European Union. Various aspects of the distributed ledger have been implemented in the Irish land, especially since the talks on Brexit began a couple of years...
U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking
29.5.2019
Coinfloor will collect a fee for referring reputable crypto startups to electronic money institution Enumis for bank-like current accounts
Blockchain and Financial Services Lead Jesse Lund Leaves IBM
28.5.2019
Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company
IBM Blockchain Finance Lead Jesse Lund Is Leaving the Firm
28.5.2019
Jesse Lund, IBM’s global head of blockchain for financial services, is no longer working for the company
South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance
28.5.2019
Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products.
ECB Official Says Wholesale Central Bank Digital Currency a ‘Viable Option’
28.5.2019
A European Central Bank council member has come out generally in favor of wholesale central bank digital currencies